Bankers apologize for actions that led to crisis
WASHINGTON - Challenged by a skeptical special commission, top Wall Street bankers apologized Wednesday for risky behavior that led to the worst financial crisis since the Great Depression. But they still declared it seemed appropriate at the time.
People:Barack Obama Activities:111th Congress Global Financial Crisis Source:(AP)
2010-01-13
China plans to link banker pay to risks
BEIJING - China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said Friday.
Nations:China Activities:2009 Pittsburgh G20 Summit Source:(AP)
2009-09-26
Dismay on Wall Street over Obama pay cap
NEW YORK (AFP) - Wall Street and the business community gave a lukewarm response Wednesday to the US administration's plan to cap executive pay, fearing it may lead to a talent exodus and delay recovery in the finance sector.
People:Barack Obama Activities:2008 U.S. Financial Rescue Global Financial Crisis Source:(AFP)
2009-02-04
Merrill taps ex-Citigroup China banker Ren
HONG KONG - Merrill Lynch has hired former Citigroup star banker Margaret Ren as a chairman of China investment banking, marking her return to the industry after a hiatus of more than two years.
Nations:China People:Zhao Ziyang
2007-02-05
Top Russian central bank official slain in Moscow
The deputy head of Russia's central bank, whose duties included cracking down on money laundering, has died after being shot by unidentified gunmen in Moscow in an apparent contract killing.
Nations:Russia
2006-09-14
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